
The Best One Yet
⛰️ “51st State” — USA’s Greenland deal. Starface’s pimple patch. John Deere’s robo-tractor.
Thu, 09 Jan 2025
Trump proposed buying Greenland… so we looked into how/if/when it’s possible.John Deere’s big tech update at CES?... a robo-self-driving tractor to cut your grocery bill.Starface has become a $100M startup… by putting star stickers on pimples.Plus, we’re living in the Panda-conomy… because when Pandas are out, sales surge.$DEER $NVDA $SPYWant more business storytelling from us? Check out the latest episode of our new weekly deepdive show: “The Best Idea Yet”: The untold origin stories of the products you’re obsessed with — From the McDonald’s Happy Meal to Birkenstock’s sandal to Nintendo’s Super Mario Brothers to Sriracha. New 45-minute episodes drop weekly. Subscribe here Wondery.fm/TheBestIdeaYetLinks to listen.—-----------------------------------------------------GET ON THE POD: Submit a shoutout or fact: https://tboypod.com/shoutouts FOR MORE NICK & JACK: Newsletter: https://tboypod.com/newsletter Connect with Nick: https://www.linkedin.com/in/nicolas-martell/ Connect with Jack: https://www.linkedin.com/in/jack-crivici-kramer/ SOCIALS:Instagram: https://www.instagram.com/tboypod TikTok: https://www.tiktok.com/@tboypodYouTube: https://www.youtube.com/@tboypod Anything else: https://tboypod.com/ Subscribe to our new (2nd) show… The Best Idea Yet: Wondery.fm/TheBestIdeaYetLinksEpisodes drop weekly. It’s The Best Idea Yet.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Chapter 1: What is the significance of Trump's Greenland proposal?
Now, Denmark concedes that Greenlanders are likely to vote to become independent soon. So this strategically important huge island in the North Atlantic, it could soon become a free agent geopolitically. Which has led to this new idea. And here's how the deal could work out. Denmark could get a boatload of money for the United States in exchange for Greenland. Okay.
Greenlanders could get the security, trade, and immigration advantages of being part of the United States. Check. And the United States would get the geopolitically strategic island of... of Greenland. Add it all up, and Jack, that's a potential win, win, win. Not necessarily a 51st state, but Greenland could become Alaska 2.0.
Worst case, you could compromise and just buy part of Greenland, and then that also kind of works. Unless Thor throws his hammer and blocks a potential deal, then the whole thing could be off. Don't mess with the Vikings. So Jack, what's the takeaway for our buddies over at Greenland? We're entering a new world order. The old rules are becoming the new rules.
Chapter 2: How could Greenland become the 51st state?
Yetis, before World War II, countries buying land from other countries, that was actually somewhat common. It was called the sovereign territory market. Real thing. Nations exchanged real estate whether the people living on that land consented or not.
Well, post-World War II, and actually especially post-Cold War, a new world order crystallized with maps and alliances that have pretty much stayed the same over the last century. The U.S. was the world superpower, and most countries respected borders and international law.
Well, in just the last few years, that's already fallen apart with Russia invading Ukraine, disruption in the Middle East, and now Trump intending to challenge the status quo as well. You thought the map was done. Thought it was done. You thought the borders were set. Thought they were set. But the world is going back in some respects to the pre-United Nations era.
And that era is if a big country wants something from a small country, they may ask for it, they may take it, or they may even offer to buy it. Or entering a new world order. The old rules are the new rules. For our second story, John Deere, a tractor company, says they're now a tech company. Introducing self-driving robotractors and the AI of everything trend. Oh, Yetis, we all know that buddy.
Your buddy who bought the first ever Palm Pilot and still thinks the Apple Vision Pro is going to happen. If you're in San Francisco, you know that buddy. If you're in Vermont, you're like, what is Apple Vision Pro? Well, that buddy, she is at the CES Consumer Electronics Show over in Las Vegas happening right now this week.
Since 1967, this conference has showed off the cutting edge consumer electronics. Okay, Jack, take us back to 2005. What was the theme of CES that year? 20 years ago at CES, we got the Xbox 360, DVD recorders, and a whole bunch of iPod knockoffs. Okay, 2015, what was the theme 10 years ago? Smart TVs, smart watches, and 3D printers.
Okay, but 2025, this year, theme of the epic electronics technology show, what was it, man? Artificial intelligence. Classic AI. Nothing surprising there. However, the one shocking highlight that we thought was the biggest of all was John Deere. John Deere at the Consumer Electronics Show. Is that a tractor or is that a giant computer?
Well, Jack, actually, it's both because John Deere introduced their second-generation autonomous vehicles this week at the tech show. John Deere, the 188-year-old agriculture equipment company... John Deere is born in Vermont, by the way. Good guy. It's worth $100 billion, but the stock's been pretty much flat for the last four years.
And yet, at the world's biggest tech event, John Deere just unveiled self-driving robo-tractors. Now, here's the key. It's easier to deploy self-driving vehicles in hayfields than it is on highways. Yeah, no one's going to freak out if you hit a corn stalk. A corn stalk, that's a perfectly acceptable casualty. And since they're fully autonomous...
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Chapter 3: What technological advancements did John Deere showcase?
And that's why you got to expense that flight. It's a write-off. It's a write-off. But yetis, this pod's not over yet. Here's what else you need to know today. First, JP Morgan has an update for all the analysts out there. They'll be seeing you in person at 270 Park Avenue. America's biggest bank is reportedly about to announce a five-day-a-week in-office policy for all employees.
JP Morgan already made this the case for client-facing roles and managers, but it's about to be a thing for everyone. First it was Amazon, now it's JP Morgan. Two huge companies kiboshing work from home. And second, medical debt will soon be banned on your credit reports. Because the top cause of bankruptcy in America is medical debt.
But experts say that having medical debt is not really an indicator of your credit worthiness. You know, because a hospital visit costs $10,000. So the Biden administration, in one of their final days, is helping people with medical debt get credit. And finally, pour one out for the scouts. The Girl Scouts are retiring two top cookie flavors this year.
S'mores and Toast Yays have sold their final flavors. Man, no more s'mores. You're now going to see them join Raspberry Rally in the cookie retirement flavor community. Remember, Girl Scout Cookies, it's a huge business. It's decentralized and the labor's free, but they're selling a billion dollars a year in those cookies. Just please keep the s'mores coming.
And when your boss drops by your desk, buy six of them. Buy seven. Now, time for the best fact yet. This one is actually a correction, a fact check, a community note to our story from yesterday about community notes. Sent in by Anonymous. Yesterday, Jack and I covered Meta's new policies, and we said that Elon Musk invented the community note. But that's not actually correct.
The community note was developed by Twitter's team before Elon acquired the company, and it was originally called Birdwatch. Now, this fact-checking concept of the community note, it's based on crowdsourced moderation ideas from academic research. Elon expanded it, but it did predate his involvement in the original Twitter. The community note, invented by the OG Twitter.
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Chapter 4: How do self-driving tractors affect the agricultural industry?
Thanks for the old school fact check. Yetis, you look fantastic today. And by the way, Jack, did you know what GDP really stands for? Yeah, gross domestic product. Gross domestic panda. You didn't know that, man?
That's what it stands for.
Yetis, you all look fantastic today. And if you haven't yet, you got to check out the latest episode of our weekly show, The Best Idea Yet. The untold origin stories of the products you're obsessed with. We dropped a link in the episode description. This week's episode, it's on the Oregon Trail. The video game that changed all video games. Trigger alert. A lot of nostalgia in that episode.
And a whole lot of dysentery. Jack and I will see you there, and we'll see you right here tomorrow. And before we go, a happy birthday to Yeti Jan Quilar over in Carretero, Mexico. And a happy 11th birthday to Kai Curley in Ulaanbaatar, Mongolia. This Lego-loving young chef is one year older. Love those international listeners.
And Jeff Gregory is turning 30 years old down in lovely San Diego, California. Happy birthday to OG snacker and bestie Tammy Conquerat in Alpine, Utah. Legendary Yeti. And a shout out to Selvia, who Jack, I just met at the Ferry Building. She launched a startup last March. Probably going to be the next unicorn.
And finally, shout out to us because our podcast was featured on Lifehacker's Top 10 Money Pods. Not a bad listicle to be a part of. Thanks for the heads up, Michael Molino. Actually, Jack, my mom forwarded me a Google alert this morning saying that we got involved. Yeah. I know. Your mom has a Google alert. I love that she's got a Google alert out on us. All our PR updates, they come from my mom.
This is Jack. I own stock of Amazon and Nick and I both own stock in Apple. If you like the best one yet, you can listen ad-free right now by joining Wondery Plus in the Wondery app or on Apple Podcasts. Prime members can listen ad-free on Amazon Music. And before you go, tell us a little bit about yourself by filling out a short survey at wondery.com slash survey. We want to get to know you.
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